Small Investors are losing Bitcoin by Investing in Altcoins?

[seandiumx20]

For me, altcoins are for short-term investment only and you will still find bitcoin as more reliable and efficient cryptocurrency. Altcoins are sometimes dependent on btc market, the recent drop of bitcoin to $8,000 has also affect the altcoins like ethereum.

Since then, I don't find investing and wasting time in altcoin is a good idea, unless you get free from airdrop or it is a popular altcoin that has potential like ethereum.

[1715566498]

1715566498

[princerepon]

Read this post and its true how small investor are losing bitcoin by investing in other coins.


You can buy 8000 tokens in 1 USD when price of bitcoin is 8000 USD but if bitcoin price will rise to 16000 USD then you can buy 16000 tokens in same price. Now all token price does not move according to BTC price,it will drop 20-30% without any sign of drop, but when you will compare with bitcoin you will find that you are in loss.

Bitcoin demand was always high to investors than altcoin and it will be always. It's a simple fact that when market start going down traders sold their altcoin to increase their btc. The point you made in your topic is really important. Many people don't think details like that but when you start calculating very details you'll find how many btc everyday you are losing because of altcoin trading. But it also true that crypto trading doesn't run in one specific way. You also have to choose several way to survive here.

[crustycrab666]

The decision to invest in bitcoin or altcoin is an absolute decision for investors. Everyone must have a different view, can not be forced. Profit and loss is only the person concerned who understands the details.
Bitcoin and altcoin have their own advantages, both of which have different trends, what we need to understand is knowing when is the right moment to invest with bitcoin and altcoin.

[Kelvinid]

The decision to invest in bitcoin or altcoin is an absolute decision for investors. Everyone must have a different view, can not be forced. Profit and loss is only the person concerned who understands the details.
Bitcoin and altcoin have their own advantages, both of which have different trends, what we need to understand is knowing when is the right moment to invest with bitcoin and altcoin.

There should be and I don't think that they are blindly investing crypto. For that they are doing, I supposed to think that they also accept the risk and could be someday, they might also suffer losses.

Any market players, investors must know how crypto works. Isn't just all about we are optimistic, skilled, and knowledgeable...but also it needs to have a strategical way of thinking. If we are satisfied enough with Bitcoin, why we should have to take the risk to altcoins? I know and people are so greedy to think about more and more. And that also a reason why these people fail, they usually make shortcuts and that it ends them.

[matchi2011]

The decision to invest in bitcoin or altcoin is an absolute decision for investors. Everyone must have a different view, can not be forced. Profit and loss is only the person concerned who understands the details.
Bitcoin and altcoin have their own advantages, both of which have different trends, what we need to understand is knowing when is the right moment to invest with bitcoin and altcoin.

Most of the time, the traders who relied with other's opinions and keep following those so called experts losses their investment. The very use of your own DYOR is very important as placing your position is really important, timing and understanding how the flow will bring you good chances in choosing the right project to invest your money.

[Natsuu]

The decision to invest in bitcoin or altcoin is an absolute decision for investors. Everyone must have a different view, can not be forced. Profit and loss is only the person concerned who understands the details.
Bitcoin and altcoin have their own advantages, both of which have different trends, what we need to understand is knowing when is the right moment to invest with bitcoin and altcoin.

There should be and I don't think that they are blindly investing crypto. For that they are doing, I supposed to think that they also accept the risk and could be someday, they might also suffer losses.

Any market players, investors must know how crypto works. Isn't just all about we are optimistic, skilled, and knowledgeable...but also it needs to have a strategical way of thinking. If we are satisfied enough with Bitcoin, why we should have to take the risk to altcoins? I know and people are so greedy to think about more and more. And that also a reason why these people fail, they usually make shortcuts and that it ends them.

Of course, it depends on the idea of how this small investors choose to invest their bitcoin. They must know that not all of their investment will lead to success if they don't study better about what their investing to. Bitcoin and altcoins have a lot of different in many terms. Bitcoin itself can say that it is hard to manage and invest even if you have a lot of money but lack of idea. Investing in altcoins I think is one of the most arguable decision to make because as the year passed by, ome of thr altcoins prices doesn't go high and stays on low. The worst thing about it is it will be nothing.

Altcoins is definitely a good investment because of the low price on the market at first and somehow after their eco the price will definitely rise again. But not all of the altcoins will came in that situation. Some will and other will be dead.

[ranchi]

many small investors don't know the difference between bitcoin and altcoins, they invest just after hearing from others that xyz token gain this much profit and buy token earn this much and then they started asking everyone and put all their investment in such coins.

[ranchi]

Profit in altcoin is only possible in short-run, for the long run Bitcoin is the only right asset to invest.

[DabsPoorVersion]

Investors are losing by investing in altcoins only because,

Altcoins are paired only to bitcoin, not in USD but only in bitcoin. When the price of bitcoin increases, the value of altcoins in bitcoin will decrease according to its price in USD. That's why most investors prefer to do short term trading to make a profit then they will switch to holding BTC later on.

[Leonardo7]

The biggest theif of our precious digital gold are not Ponzi scheme but Altcoins we buy only to expect to double our bitcoin in a bull run, but the alt just get dumps more and more against the bitcoin, one is forced not to sell at loss and miss out of bitcoin bull run. Some of these altcoins just go dead.

[amishmanish]

--snip--
Some people still hope to see alt season, but there's no fundamental reason for it to happen, no one is genuinely excited for alts anymore, there's only bagholders who hope to see big pump.

This..

The trend of making a new scamcoin with hundreds of promises has slowed a bit but hasn't stopped completely. I guess people still keep trickling in in the form of newbies and the promoters manage to get away with selling off repeated vaporware. Just see how exchanges still continue to sponsor IEOs etc.
There are a few established players out there but in the end, it is traders and so-called developers playing with the hopeful sentiments of newbies who get trapped due to the fake promotions and marketing. The traders manage to dump their bags while the few people who get genuinely interested end up carrying the burden. At this point of time, if you really want a return on investment, go with BTC. Continuing to put money into alts is the worst possible move for a genuine investor who isn't hoping to fleece someone else.

Remember if you only buy into something thinking you will sell later, there are much more agile traders out there.They follow the trends more closely than a normal small investor imagines. They don't care about projects and do this "sentiment" thing for a living. They will dump their shit on you before you know what hit you. Its a losing game. Stop playing it. If you want money then just focus on hodling BTC and taking small profits whenever your target is hit.

[michellee]

Profit in altcoin is only possible in short-run, for the long run Bitcoin is the only right asset to invest.

Many investors don't research to find the coin, but they only follow what other people suggest in social media. That makes them lose their bitcoin by investing in altcoin, and that make them hold the altcoin for a long time or cut loss the altcoin right away when the price is down. Maybe the altcoin is for the short term investing, and bitcoin will be the long term investing. But still, they need to search for the coin to invest in an altcoin.

[Cnut237]

Some altcoins rise more than bitcoin, but most rise less.
In general, the lower you go down the market cap list on CMC, the more risk there is in buying the coin.
Some alts can get you 1000% returns in a matter of days, Bitcoin won't do that.
But Bitcoin has a solid use case, and is the best bet for increasing your money. Some alts, thinking of ETH in particular, have a rock-solid use case, great development etc, but many do not. There are a lot of low cap alts out there where investing is little more than gambling.

[Gheka]

Profit in altcoin is only possible in short-run, for the long run Bitcoin is the only right asset to invest.

Many investors don't research to find the coin, but they only follow what other people suggest in social media. That makes them lose their bitcoin by investing in altcoin, and that make them hold the altcoin for a long time or cut loss the altcoin right away when the price is down. Maybe the altcoin is for the short term investing, and bitcoin will be the long term investing. But still, they need to search for the coin to invest in an altcoin.

So far, I don't believe that investors are not looking for altcoin information before they invest in it, almost they have enough information but the nature of the loss is that they don't update the market trend and only follow the old path, we can see a lot of investors choose some altcoins as a long-term investment while the actual value of these altcoins is always going down each year. The only one who is not affected is probably bitcoin, it's a symbol over time, bitcoin is the most appropriate investment for the long term, altcoins are suitable only in the short term and need to know to accept profit, instead of greed

[sureshverma]

This is exactly what happens. And many do not understand this by spreading their investments on useless assets.

[FanatMonet]

I would not be so categorical about altcoins. Many of them brought a few to their first investors, and some tens of X profit relative to what was invested in them and this is in Bitcoins. But in the altcoin market, you need a very serious coin analysis.

[LogitechMouse]

I'm have invested a few bucks on different coins already and I have joined different bounty campaigns and received tokens that have value fortunately.

Base on my experience, most of the time altcoins tend to lose their value in mid to long term especially when it is a new token but when altcoin season comes they will go up more than Bitcoin and some of them even double or triple its price. Overall, it will depend on how long you can hold your coin and what coin are you are holding because if you are holding coins like ETH or LTC or XRP then you aren't losing. I also think that one reason why investors tend to lose some BTC when they invest in altcoins is the fact that most of the altcoin's price are based on BTC's price.

[Sadlife]

Some altcoins are meant to be a short term investment because there are no guarantee how much they may last and some projects just losses interest and demand so in the end that altcoin is unable to continue due to the competitive market and some altcoins only has repetitive features compared to BTC.

[gundala]

~
Most of the time, the traders who relied with other's opinions and keep following those so called experts losses their investment. The very use of your own DYOR is very important as placing your position is really important, timing and understanding how the flow will bring you good chances in choosing the right project to invest your money.

This is one of the fatal mistakes. In investing and trading, we must have confidence and strong analysis. At least we have anticipatory steps when market movements do not match predictions. Don't force yourself when you don't understand something about an ecosystem, it will increase the risk. Unfortunately, many do not pay attention to this and become greedy to immediately benefit, so look for shortcuts by following the opinions of others.

Bitcoin and altcoin are equally profitable. Smart and calculating investors will certainly consider well what to invest. As long as there are opportunities, both of them can be used.

[htsy585]

Read this post and its true how small investor are losing bitcoin by investing in other coins.

https://cryptomaa.com/btc/how-small-investors-are-losing-bitcoin-by-investing-in-altcoins/

It is quite a known fact that bitcoin gives more of a huge return in cryptocurrency investments and trading, however, just like you said, lots of newbies do think bitcoin is more of complicated than most altcoin and let's not forget the fact that altcoins are more subjective to pump and dump action and coin like that do give a huge return too